The Future is Here NEW YORK:

In New York State, the future is already here – fueled by the talent and the resources that are leading Fortune 500 companies and smart, dynamic, innovative new businesses to start, move and thrive here.

Now more than ever, there is no place like New York State to grow your business. They are building a global hub for the innovation economy, training a skilled workforce, pursuing aggressive green energy goals, and investing in advanced manufacturing and cutting-edge technology and industries that are creating jobs for the future.

They are invested in industry success and supportive of the rights of employees who are vital to that success.

New York is home to innovative businesses, cutting-edge research and transformative ideas that are meeting and exceeding the challenges of the 21st century economy. They are spearheading a reshoring of semiconductor chip manufacturing and creating jobs and opportunity while also pursuing clean energy goals, committed to low-cost energy that will both power industry and protect the environment.

They are investing in the future by providing students access to free college tuition at the country's largest comprehensive university system. They are cultivating partnerships between our top-tier educational institutions and leading industries to develop next-generation technologies and new opportunities for New York’s college graduates– to stay, grow and continue to innovate here.

The new Office of Strategic Workforce Development will collaborate with businesses on new workforce development programs to provide industries with the skilled workers they need to thrive. New York State celebrates diversity, inclusion and equality—they recognize this as their strength, and it represents an opportunity for your business.

New York State is making historic infrastructure investments, from airports, roads and rail hubs to offshore wind projects. The state is committed to a cleaner, greener energy future— leading the U.S. in wind- and clean-technology patents, renewable energy resources, the development of new energy storageproductsandsystems,andbiofuelmanufacturingand production.InadditiontomeetingtheirambitiousClimateAct goals,NewYorkStateisalsomakingnation-leadinginvestments inbroadbandthatfocusonequityandinclusion.

That’sallinastatethathasanunparalleledqualityoflife withvibrantart,cultureandnaturalbeauty,fromNiagaraFalls totheAdirondackMountains,totheboundlessbustleofNew YorkCityandthelighthousesofLongIsland’sMontaukPoint. ThisisNewYorkState–andtheyarefueledbythetalentandthe resourcesthatinspireleadingcompaniestostarthere,movehere andthrivehere.CometoNewYork:thestateofthefuture.

FormoreinformationonalltheopportunitiesinNewYork, pleasecontactEmpireStateDevelopmentat212-803-3100or 518-292-5100orvisittheirwebsiteatwww.esd.ny.gov

NEWYORK:SaratogaCounty

Saratoga Economic Development Corporation (SEDC) continues to lead the charge for growth in Saratoga County and is the local EDO responsible for bringing GlobalFoundries to New York State. They are a 501c3, non-profit consulting organization of private sector leaders, celebrating 45 years of history, over $18 billion + of investment launched and over 18,000 jobs created to date. That is not to mention the thousands of jobs they’ve helped to retain and secure.

SEDC leads your company to available sites and buildings that fulfill your business purpose. They are up to date on programs and incentives available and they directly connect you with respected workforce and professional service partners throughout the area. Saratoga County is one of New York State’s fastest growing counties, located in the Capital Region of Upstate New York and is also the lowest taxed county in the state.

In 2009, GlobalFoundries, a semiconductor manufacturing/ foundry company, located to the Town of Malta and invested over $15 billion to build 450,000 square feet of clean room manufacturing space that now employs over three thousand (3,000) direct employees, with the average annual wage of $90,000, at that facility. In addition, over twenty thousand (20,000) indirect and induced jobs have been created in the Capital Region since then.

GlobalFoundries is currently investing $1 billion to increase capacity in Malta. Now that the CHIPS ACT is signed, GlobalFoundries is moving forward with a second manufacturing facility in Malta that will create another one thousand (1,000) jobs when completed in three (3) years. Total investment for the second facility will be from $6 billion to $8 billion.

New York State is also leading by offering a state-level, companion incentive to the forthcoming federal CHIPS incentives. This new transformative program will help attract thousands of jobs and billions of dollars to cement New York as the nation’s leader in the domestic reshoring of semiconductor manufacturing—all while helping address supply chain shortages, inflation and national security.

Also located in the Capital Region is the Albany NanoTech complex, home to SUNY Poly's College of Nanoscale Science and Engineering. The site offers a fully-integrated research, development, prototyping, and educational facility that provides strategic support through outreach, technology acceleration, business incubation, pilot prototyping, and test-based integration support for onsite corporate partners including IBM, GlobalFoundries, Samsung, Applied Materials, Tokyo Electron, ASML and Lam Research, as well as other “next generation” nanotechnology research activities, including hands-on internships for students along with career opportunities. Senator Charles Schumer and other state and local officials are pushing for the Complex to be named as the headquarters for the new National Semiconductor Technology Center, the research and development part of the CHIPS ACT.

The Capital Region, Mohawk Valley Region and Mid-Hudson Valley Region are the manufacturing triangle of semiconductor and advanced materials in New York State. With companies like GlobalFoundries, ON Semiconductor and Wolfspeed manufacturing, their continued efforts to attract the supply chain companies to locate and expand in Saratoga County and throughout the Capital Region remain a primary focus.

This is why there are over 600,000 square feet of Flex SPEC buildings already approved, with approximately 320,000 square feet of industrial/commercial space currently under construction. All include property tax incentives that companies expanding existing businesses or moving into New York State can qualify for; as well as other credits. They know the inventory of sites, they work with the organizations that administer resources and they are experts in navigating the incentive programs available (including application completion assistance). Overall, they eliminate the struggle to put it all together so you can stay focused on your operations. From identifying sites to introducing your team to professional service providers, elected officials, regional partners, etc., their team is your Upstate NY resource to hone in on opportunities and areas to invest in and/or expand upon in Saratoga County, NY. They are bold in knowing what works for their region and experienced in knowing what works for the client.

With their regional partnerships including as elected leadership at the county level, colleagues at the Industrial Development Agencies and their utility providers, such as National Grid and NYSEG, (all significant players in bringing semiconductor manufacturing to Capital Region), they are positioned with sites ready for your next endeavor that come with stackable State and Local incentives. They are well renowned, with a rapport of partnering for the betterment of regional growth and economic vitality. They are intent in attracting your opportunity to their region and solid in situating your operations for continued growth and success X

Situated in one of America’s most economically prosperous regions and offering unmatched global access, New Jersey is the ideal location for companies looking to expand their reach. To complement its prime location, the state offers businesses top-tier talent, America’s best education system, a supportive ecosystem of research institutions and world-class innovators, and welcoming communities for employees to live and raise a child.

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Choose Global Connection

New Jersey’s strategic location gives companies access to one of the most affluent consumer markets in the world. They’re at the center of the Northeast Corridor — the Boston-New York City-Washington, D.C. train line — and home of The Port of New York and New Jersey, one of the busiest maritime seaports in North America. New Jersey businesses boast access to 36 million customers and $3 trillion in economic output. Their unparalleled infrastructure ensures people get where they need to be — fast. Getting to Manhattan is quick and easy, thanks to NJ Transit, PATH, Amtrak, and the NY Waterway Ferry. They’re also part of the nation’s busiest airport system (EWR-JFK-LGA). With over 600 daily non-stop domestic and international flights from Newark Liberty International Airport and nearby New York and Philadelphia airports, they reach every global destination.

Choose Better Education

When it comes to education, New Jersey is unrivaled. U.S. News and World Report ranks Princeton University as the best in the nation and New Jersey as the top state for pre-K through 12th-grade education. New Jersey outranks the national average of degree holders, with 44% of residents holding a bachelor’s degree or higher (compared to the national average of 34%).

Companies seek out New Jersey’s intelligent and diverse talent pool. They are ranked #3 in the country when it comes to STEM degrees and have the highest concentration of scientists and engineers in the country. It’s no wonder global companies, such as Johnson & Johnson, Merck, and Prudential Financial choose to locate their world headquarters in New Jersey.

Choose Diversity

A melting pot of identities and ideas, New Jersey celebrates diversity as one of its core strengths. According to WalletHub, New Jersey is the fourth most diverse state in the nation, with 45% of the population identifying as people of color. New Jersey ranked third in WalletHub’s Economic Impact of Immigration report, a testament to the highly valued contributions made by their foreignborn citizens. The same list ranked New Jersey first for immigrant workforce and percentage of jobs created by immigrant-owned businesses.

Choose Quality of Life

There is no better state to call home. With endless possibilities to live, work, and play, New Jersey is ranked the #2 best state to live in the U.S. and the best state to raise a child. Their geographic diversity makes planting roots easy for city lovers, country folk, and everyone in between. No one is ever far from mountains, beaches, and bustling downtowns.

New Jersey is an entertainment destination with museums, performing arts centers, concert venues, golf courses, and professional football, hockey, and soccer stadiums. FIFA has chosen New Jersey and New York City as a Host City for the 2026 World CupTM, with games to be played at MetLife Stadium in East Rutherford.

Living in New Jersey means being immersed in an environment of welcoming communities that uphold fundamental values. They don’t just talk about opportunity, prosperity, and liberty; they lead with them, with some of the strongest laws in the country on women’s reproductive health, LGBTQ+ rights, and paid family leave. Home to some of the safest communities in the U.S., New Jersey is a place for everyone.

Choose Innovation

New Jersey is a leading hub for booming industries, including life sciences, technology, clean energy, healthcare, and film and digital media. Fifteen of the top 20 pharmaceutical companies in the world are headquartered here, as are over 4,300 life sciences companies operating across all sectors. Their scientists are backed by world-class research universities, medical schools, and the topranking hospitals in the U.S.

As a clean energy leader, New Jersey will obtain 50% of its electricity from clean energy by 2030 and 100% from clean energy by 2050. Their optimal geographic location is central to the offshore industry with Project Ocean Wind, the largest purpose-built offshore wind port in the U.S., currently under development.

Supported by the New Jersey Motion Picture and Television Commission and the New Jersey Economic Development Authority, their robust 35% film and digital media tax credit attracts the world’s most accredited film and television studios. Lionsgate Newark Studios will be the first purpose-built studio in New Jersey specifically constructed for TV and film production, and Netflix is bringing its east coast operations to Fort Monmouth.

Choose New Jersey

As the designated marketing organization for the state, they promote New Jersey as the best place to live, work, and play. They stimulate job creation and attract capital investment to New Jersey. Through their free and confidential resources, they guide companies in establishing or expanding operations in New Jersey. Choose New Jersey has supported companies, from startups to multinationals, in diverse industries from all over the world. They implement and lead business attraction advertising campaigns targeted at domestic and international decision-makers looking to expand in the U.S.

Discover growth opportunities in New Jersey by visiting choosenj.com and tell them how they can help X